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London (pte032/20.01.2005/12:15) - Kesa Electricals http://www.kesaelectricals.co.uk has reported a rise in sales over the Christmas period on the back of strong demand for flat screen televisions, MP3 players and laptops. As the Financial Times (FT) http://www.ft.com reports, the retail group confirmed that like-for-like group sales rose 3.9 per cent in the 10 weeks to the 8th of January.
"We are satisfied with the performances of our electrical businesses which all benefited from the growth in sales of multimedia and digital products," said Jean-Noel Labroue, chief executive of Kesa Electricals. He added that the group expected results for full year to be in line with current market expectations.
The group's French electrical outlet, Darty, had the strongest performance, reporting like-for-like sales growth of 7.2 per cent on multimedia and digital products. However, it experienced falling sales of traditional media products and white goods, which affected margins. Comet, the UK electrical chain has "significantly improved" since Christmas, posting a like-for-like sales growth of 2.1 per cent in the period.
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